Xplore Resources Corp (XPLR) — Defensive Interval Ratio

Latest as of December 2022: 1104 days

Xplore Resources Corp (XPLR) has a Defensive Interval Ratio of 1104 days as of December 2022. Defensive assets of CA$96.85K (cash CA$-, short-term investments CA$-, receivables CA$96.85K) cover 1104 days of daily cash needs of CA$87.71/day. Check Xplore Resources Corp (XPLR) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1104 days
Days of operational coverage

Defensive Assets

CA$96.85K
Cash + ST Investments + Receivables

Daily Cash Need

CA$87.71
Current Liabilities ÷ 365

Current Liabilities

CA$32.02K
CAD

Xplore Resources Corp Defensive Interval Ratio (2019–2022)

This chart shows how Xplore Resources Corp's Defensive Interval Ratio has evolved across 4 annual periods from 2019 to 2022. As of December 2022, the ratio stands at 1104 days, meaning defensive assets of CA$96.85K can fund 1104 days of operations without new revenue. Also explore XPLR net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Xplore Resources Corp (2019–2022)

The table below presents the year-by-year Defensive Interval Ratio for Xplore Resources Corp from 2019 to 2022, covering 4 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see XPLR stock market capitalisation.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2022 390 days CA$82.82K CA$212.50/day CA$- CA$- ▲ +80 days
2021 310 days CA$35.86K CA$115.69/day CA$- CA$- ▲ +283 days
2020 27 days CA$5.85K CA$216.13/day CA$- CA$- ▼ -38 days
2019 65 days CA$1.45K CA$22.13/day CA$- CA$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)